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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In Kilo was founded in 2020 by Narayan, former CMO of Groupon, vice president of Coupang and chief business officer of TIKI Corporation.
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).
This trend has been circling around the restaurant industry. A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . billion by 2030 , up from $15.2
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Proceeds aid musicians and music industry workers who are struggling with illness, disease, and age-related problems. 20% of profits are microloaned to farmers and small business owners.
Founded in 2013 for on-demand deliveries within the same city, Lalamove has since grown its business to include freight services, enterprise logistics, moving and vehicle rental. The company entered the United States for the first time in October, and currently claims about 480,000 monthly active drivers and 7.2
Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and construction business , is taking an investment in Aldagram. It has been partnering with Aldagram since 2022. More than 10,000 corporates in over 10 countries, including the U.K.,
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). Jeff currently claims more than 300,000 users in Vietnam. ” Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group.
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor.
Samsung says its mobile business suffered from the industry-wide component shortage as well as “production disruptions” in its Vietnam factories, some of which were closed after a COVID outbreak.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Before founding Pillow, Roy and KM explored web3 while working at identity verification and AML software provider HyperVerge, while also holding jobs in the traditional finance industry.
Rather than a single moment in time, ESG was born out of actions in the business community over several decades that culminated into our modern understanding of ESG today. While still debated, there’s a growing consensus that business strategy should n o t just be about profit maximization. Billion. . .
Hwang said that its business model is similar to Outschool, the San Francisco-based after-school marketplace for children. Glorang will use the Series A to expand its service to Japan and Malaysia by the fourth quarter of this year and Taiwan, Thailand and Vietnam in the following years, Hwang said. billion in 2027 , from $17.6
and Europe and helps protect the reputation of the fintech industry. Most immediately, Verdon says it allowed several million card holders to continue to operate their cards, “and customers could remain in business with minimal disruption” Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech.
In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like i n other parts of the world. I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. among those affected.
A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Its sweet spot is early-stage ventures from seed to series A stages across South Korea and Southeast Asia.
As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category of remote employees — engineers — is taking on some more funding to meet demand. All of that is done in the cloud.”
As leading coffee-producing countries struggle to grow crops in drier, less reliable weather, prices have soared to the highest in decades and the industry is scrambling for solutions. It’s also working with communities to revive the coffee industry and scale up production. Excelsa could play a key role in adapting.
Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. Customers can also use Fashinza to track time and action calendars, a tool used in the apparel industry to follow up on manufacturing milestones to ensure timely delivery. .
Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero is designed for small-to-medium sized businesses, and combines human resources, payroll and benefits features. Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero.
In the automotive industry, Vayyar offers solutions for collision warnings, parking assistance, adaptive cruise control, seatbelt detection and automatic breaking. Vayyar sells Vayyar Care, a fall detection system for monitoring people at higher risk of tripping and falling in bedrooms, bathrooms and other living spaces.
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. industry, one crypto investor pointed out previously. More than half of the population in Southeast Asia is under 30 , making it a coveted market for novel technologies.
Chinas Great Wall Motor is poised for its big entry into Southeast Asia, as the automaker said on Monday it would begin manufacturing its cars in Malaysia and Indonesia as early as July, in addition to its planned entry into Vietnam, local media reported.
At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said. The Series B is being led by Spark Capital, with participation also from Unbound, Reid Hoffman and Canaan Partners (both of which led its previous round, a $13.4
FGVCon transcends borders and platforms, assembling industry leaders, top influencers, brands, sellers, agencies, and platform officials in the dynamic world of short-form video content. Confirmed guests include Yuki Yuan (Google’s YouTube Shorts), Vivian (Shopee), Liu Na (Kwai for Business) and more.
Before COVID-19, many of Xendit’s customers were in the travel industry, and it was hit hard by the pandemic. Xendit’s solutions let businesses accept payments from many of these methods through three integration options. But since then, it’s expanded its scope. One big segment are SMEs.
And the third one is that we look for business models that can scale up quickly, similar to the normal VC model, but that they would be able to affect a lot of people. We see that different trends can come in at different times in different markets, so it helps us to see the typical trajectory of a certain industry.”.
The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch. The startup looks to challenge e-commerce players like Shopify in Southeast Asia. “I
TMYTEK plans to use its expertise, gleaned from helping other researchers develop 5G infrastructure, to create what its chief executive officer describes as a “complete 5G industrial chain.” TMYTEK has manufacturing partners across Asia, including Inventec in Taiwan, and factories in Vietnam and Thailand, in addition to China.
Surjaudaja says IDEAL chose mortgages as its first consumer lending product because of its market potential, citing 2021 research from Bank Indonesia that says the country’s mortgage industry is valued at $39 billion, with a projected 17% CAGR over the next five years. Some of IDEAL’s competitors include Pinhome, Cermati and Cekaja.
Landing has all of these furnishings made in Vietnam and shipped to warehouses in Austin, Phoenix and Alabama, where it is based. Those are more favorable terms than the roughly 55 percent typically offered to hotel developments, essentially creating a high-yield business with lower costs.”
billion company in the brutally competitive beauty industry, especially one with such broad appeal. I truly believe the ‘girlboss’ term was created to celebrate an emerging wave of female leaders – which is still rare in business, and was even rarer around 10 years ago when the phrase was popularized,” Green told TechCrunch in an email. .
Beyond being awash in capital, the VC industry has also seen a historic number of exits. Bigger, better capitalized and more global, the venture industry is poised to take advantage of the transformative technologies coming to market. As of Q4 last year, cumulative dry powder stood at a record $222 billion, according to PitchBook.
The time to gala, glitz, and glam with industry leaders, talented techies, and a few of your favorite TechSoup staffers is almost here! She studied the German, Czech, and Spanish languages and has lived and traveled extensively throughout Europe and Asia, including Spain, Germany, the Czech Republic, Laos, Vietnam, and Thailand.
A business-to-business startup, GlobalFair aims to simplify the procurement of “ready-to-install” materials such as countertops, quartz countertops, cabinets, natural stones and tiles with a digital marketplace for U.S. Garg posits that technology can help, which is why she launched GlobalFair in 2020 with Ashish Chandra.
But building out charging infrastructure to handle passenger EVs is going to be a challenge for any company that wants to build a business there. Gogoro has spent the last few years encouraging industry giants like Yamaha and Suzuki to hasten the switch to electric power by striking deals with them to license its plug-and-play batteries.
The Indonesian government believed that TikTok Shop’s business model would impact the livelihood of local small businesses, leading to the shutdown order. Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? Later, TikTok announced a $1.5
The Indonesian government believed that TikTok Shops business model would impact the livelihood of local small businesses, leading to the shutdown order. Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? What industry buzzword have you encountered the most in 2023?
In between spending time with our daughter and sightseeing, we’d like to explore the feasibility of expanding our business in the United States. Eddie Thai, general partner, 500 Startups and general partner, Ascend Vietnam Ventures. Disappointment isn’t limited to a single industry, writes Alex Wilhelm in The Exchange.
In preparation for its next stage of growth, Bfree has secured the services of leading industry professionals, including CTO Konrad Pawlus, formerly of SALESmanago, and Yohan Theatre, who previously worked at investment management firm PIMCO. Theatre takes over as the head of data decision-making and financial engineering.
If agents are not hustling business that means the company has to spend their money to provide it, which is a much less efficient way of doing business.”. Vietnam-focused investment app Infina boosts its seed round to $6M. He told me: “ I believe once agents are turned into employees they no longer hustle.
We call it a scrappy startup, and it mostly was a scrappy startup, but at one point, it was one of the most successful and fastest-growing tech companies in America and American business history. The entire infrastructure of factories and supply chains that now exist in Shenzhen and Vietnam and wherever didn’t. That’s right.
And at the time I had started my own business in marketing products to retailers, and we were always trying to come up with new ideas. At the time, when I was running other businesses that I was involved with — and I like to call that time frame an incubation period for Blackstone — I knew it was a great product.
Harvard professor Willy Shih explains the existential problem affecting cars, phones, computers, and more Since the beginning of the pandemic, the demand for microchips has far exceeded supply, causing problems in every industry that relies on computers. And if you’re a Decoder listener , you know that that is every industry.
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